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Drive-Through Restaurant
New
For Sale
$249,900

406 E Grand Blvd Iron, Iron Mountain, MI 49801

Built in 2020, the food-service property includes customer restrooms and basement storage.

Property Size600 SF
Price / SF$416.50
Days on Market1

Property Features for 406 E Grand Blvd Iron

General Information

Standard status Active
Size 600 SF
Property subtype Restaurant

Site & Location

Drive-Thru Yes
Highway Access Yes

Additional Details

Business Included Yes
Currently Operating Yes

Amenities

public restrooms
basement storage

Building Details

Year Built 2020
Buildings 1
Listing Agency: Stephens Real Estate
Listed By: Ryan Gordon · License #6502420131
Source: Thebrokerlist
Added: Oct 23 Last Checked: Oct 23 at 4:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stephens Real Estate

Rey
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Investment Insights

Based on property information with market context.

This drive-through restaurant property contains a nearly 600-square-foot building constructed in 2020. The existing food-service space has public restrooms, and a basement provides additional storage. The property previously operated as a frozen yogurt shop and restaurant.

The site spans more than 1/4 acre and has highway frontage, with drive-through access for customers.

Key Highlights

  • Drive‑through access at a food‑service property
  • Nearly 600 sq ft building, built in 2020
  • Site of more than 1/4 acre with highway frontage

Property Analytics

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Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Bakery Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

187
Businesses Nearby
43k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 93% Hotels & Casinos 5% Dining 2%
Kwik Trip Shops & Services
33,563 visits/mo 0.2 miles
Dollar General Shops & Services
5,925 visits/mo 0.3 miles
Comfort Inn Hotels & Casinos
1,119 visits/mo 0.2 miles
A&W Restaurant Dining
890 visits/mo 0.4 miles
U-Haul Shops & Services
833 visits/mo 0.4 miles

Demographics for 49801, MI

11,479
Population
5,927
Households
1.9
Avg Household Size
46
Median Age
25%
College-Educated
95%
High-School Grad
123.9 sq mi
ZIP Area
93
Density / Sq Mi
$62,461
Median Household Income
$41,468
Median Earnings
$667
Median Rent
$157,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Drive through restaurant - Built in 2020, the food-service property includes customer restrooms and basement storage.
Where is this drive through restaurant located?
The property is located at 406 E Grand Blvd Iron Iron Mountain, MI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Drive‑through access at a food‑service property; Nearly 600 sq ft building, built in 2020; Site of more than 1/4 acre with highway frontage
More about this property
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